tv [untitled] January 25, 2012 2:18pm-2:48pm EST
i think it's quite natural that his show will be on our t.v. i mean artie always tries to go beyond that to see other sides of any news story and the real reasons behind the news that you would see on mainstream channels when we talk. to them was very calm and relaxed which you would expect of course from someone who's been under house arrest for more than four hundred days he was very full of ideas and some of them were born as we talked so i think this will be a very hard hitting show. as the world's business top brass to send some switzerland out to say the financial system to stem the crisis and of course seal a few lucrative deals as well the leader of europe germany kicked off the world economic forum and let merkel once again pledge support for a united europe and the eurozone but said it made you rethink was needed to lower a listers across the latest endeavors. angela merkel talking about the eurozone crisis trying to convince this room of some of the most financial elite that she's
got it under control that pretty much sums it up she took a real defensive you know let me tell you she said i realize that we're labeled as the headache for the global economy but you know i think there are more headaches to really this was to you could also see it is kind of merkel versus the bond market she was really trying to reassure markets saying if you want to attack us just know that we are promising to solve this crisis of course this is a time where we've seen euro zone bond auctions be a daily news item did europe sell enough has italy seen those unsustainable yields of seven percent haven't they seen him spike is greece going to get a deal with its bondholders in order to avert this disaster of a disorderly default so these are this is all the subtext where this speech is coming from and then she gets up there to say you know fiscal solidarity integration is the solution we're promising that even if we don't promise more bailout money or more central bank action which so many of the investment community seem to be pushing for we're trying to substitute that with this fiscal pact and
the fiscal union to solve this crisis she also urged patience saying this is going to take a while but i think you know as you can see with everybody so concerned over the eurozone debt crisis patients maybe for some is where the occupy davos is here of course in a year where we've seen occupy protests all over the world it's fitting that there would be one at the world economic forum in davos style of course there in igloos but we've seen them have some actions protests they have them planned all week and that is their concern not being part of the conversation it's interesting because at the end of merkel's remarks she said you know the importance of davos too is to hear the input from the financial leaders and from the people that are there for politicians who then go back and make policy so i think that kind of plays to the concerns that people have about all those which is that these are the world's elite that are networking and talking about these. issues these problems trying to claim that they're going to be able to solve them without the voices in the employ of the
rest of the world that there aren't the global elites so those are the concerns of occupy davos i went down and i spoke to the men and their many of the same concerns that we hear in the news about the debt crisis all the time they're very well informed they're concerned about debt they're concerned about the current currency system that we're living in and these are all of the issues that they have they don't think that it's fair that they should be decided or discussed solving them without the input of so many people that they impact. a lot more paula to come from there you can watch all the latest developments from those global financial talks as well in our website r.t. dot com while you're there we always like to plug some other stories we think you may be interested in like these big business getting one over on the politicians as a round sanctions do little to stop western oil giants trading with a round find out the latest regarding that story ongoing of course and maybe incident this to google turning into big brother or whatever next is put the world wide web into uproar because the giant search engine is now set to put all data on
its users different accounts into just one profile wonder why privacy your privacy could be in jeopardy all the details that are t. dot com. taking around the world for music brief and syria first where security forces clashed with opposition groups in the central city of hama after talks to persuade militants to lay down their arms broke gulf nations have pulled their observers from syria even though the mission's been extended for another month it was set up to monitor the regime's compliance with an arab league planned event and meantime the head of syria's red crescent was shot dead a wednesday the u.n. estimates that more than five thousand have been killed in the country in the past ten months. at least seventy people are believed to have died in the pakistani city of lahore this month because of contaminated medicines officials say over four hundred others are being treated for similar symptoms some of them in a critical condition many protested after their relatives died as
a result of using the tainted drugs the deaths of caused panic in the city less than three months after a dengue fever epidemic. nigeria's president the federal chief of police sent to six deputies after an attack by radical islamists in the country's north the backcourt said it carried out a series of bombings in the city of kandahar last week in which at least one hundred eighty five people died the group considered the most violent radical organization in nigeria right now responsible for nearly a. thousand deaths last year. bad weather here for renshaw rains of all widespread chaos to southeastern australia several local rivers have broken the banks it's called land slips and flash floods over four thousand residents have been ordered to leave their homes in the state of new south wales alone with more heavy downpours and strong winds forecast for the area a stray was also hit by devastating floods you may recall just last year then killed thirty five compared to twenty four minutes past eleven here in moscow in
around about seven or eight minutes time paid all of oil guides is cross-talk guess through a lively debate about the egyptian revolution timely thought and debate there than before that business right now dmitri. optimism is in short supply in the swiss town of bosses the fate of the euro that's weighing heavy of some minds at the economic forum the main theme may be how to create a fair world of many of the more pressing question is how to fix this one financier george soros believes european policymakers are not helping it is germany that dictates european policy because at times of crisis the creditors. see it the travel is that the austerity germany wants to you for was real
a push europe in to deflation that spiral economic issue and process of. this in the shoe real. reinforce each other. although sentiments have found an echo in russia's top banker the head of his bank herman grass believes european policymakers should not focus on keeping all the current members in the single currency it was from going through. the euro will have it say i think the situation would be improved if several countries left the single currency this is a key year for the eurozone in terms of making decisions and understanding the new reality separately i hope economic relations between russia and the e.u. become more closely integrated i think the current difficult situation in europe will encourage it to explore the growth potential of emerging markets like russia of the former soviet states and turkey. take a look at the markets
a tug of war in commodities specially the oil australia said it will join europe in boykin saying rainy and oil and the runs as it may hold supplies to europe ahead of the embargo imposed on the country on the other hand we're having we're seeing a rising u.s. stockpiles of crude but light sweet is continuing its gains up seventy six cents per barrel this hour u.s. stocks raised the losses to turn higher wednesday after the federal reserve said it would keep interest rates near zero until at least late twenty fourteen the nasdaq is also up its propelled by apple shares which are gaining up to impressive earnings. while europe didn't manage to enjoy those federal reserve comments and therefore we're seeing a negative picture at the close of footsie down point seven percent to the dax point two percent weight by telecoms mostly shares and now let's take a look at the closing picture in russia where there was a lot of optimism ahead of that federal reserve meeting and therefore the r.t.s.
is up one point two five percent my stocks up point seven percent led by banking and stocks here's the proof as burbank and v t v top again answer two point three percent and three point three percent among the energy shares lukoil was an outstanding loser was down point two percent while most other energy companies were actually gaining. and also some change seeing that the currency market the ruble was strengthening worse is the dollar in my six trading is the closing figures for you and wednesday's trade liquidity squeeze in the russian banking sector driven by tax payments and world price and therefore we're seeing new twenty twelve highs the euro is also right now lower versus the dollar of those federal reserve statements . for i that's it from the business theme for today join us again on thursday eight twenty am korean american will be here to bring you an update join africa.
it's a past eleven pm here in moscow you're watching our top stories with me kevin tens of thousands of egyptians are back on tahrir square marking years now since the uprising that toppled president mubarak's thirty year rule but it's frustration along with celebration because of fragging reforms. president obama kicks off his campaign to stay in the white house using the state of the union address to play safe in the economy he stressed his successes and promises millions of new jobs critics say he's upbeat tone doesn't reflect reality. on the world's top to
get others to spill the beans on t.v.'s julian assange slammed his own interview show right now to the weekly standard post some of the world's darkest secrets and if you're on this channel. top story now a year after the revolution what does the future hold for egypt since a big question trying to. guess hammer out the possibilities next in crosstalk. well see british science. is not out to cause. markets weiner scandal. find out what's really happening to the global economy is a report on r.g.p. . to.
follow him and welcome to cross talk i'm peter all about egypt's unfinished business a year on the revolution that youth activist spirit it appears to have stalled the military rulers who replaced mubarak seem to be exploiting opposition splits and popular fears of chaos to shore up their power and can find the extent of change is a counter revolution now managing egypt. egypt. cross-talk change in egypt a year after the revolution i'm joined by bradley blakeman in washington he was a senior staffer in the administration of george w. bush and currently a professor at georgetown university in chicago we have david faris he's an assistant professor of political science at roosevelt university all right
gentlemen this is crosstalk that means you can jump in anytime you want and i very much encourage it but first let's see what's happened in egypt a year on. the iconic séance of the egyptian revolution shook the middle east and the west by the magnitude of the events and the dramatic changes that followed it told started with a day afraid when thousands of egyptians took to the streets of cairo with a very clear intention to end of the thirty year rule of their leader hosni mubarak the most fail is stood their ground in the thick of the. deadly clashes until their primary demand was met the political turmoil cost egypt hundreds of lives and an economic turndown however didn't give into mubarak's reforms right through the crowd made it clear it could no longer accept the status quo and it took them eighteen days of protests to get this message across finally mubarak stepped down nevertheless overthrown leader left the country in the hands of the military and so
many people think nothing has changed in egypt one year since the revolution. is different now at this stage however its policies haven't changed the country now is no longer governed by power those who held power in the past are now trapped and defensive oppression imprisonment murder all of this is evidence of the confusion fear and horror they are feeling the critics agree it's very unlikely that and it's serious reforms which take place while the council is there even after the parliamentary elections the muslim brotherhood freedom and justice party the twenty may try to say it's is predicted to have a hard time addressing social and economic problems and to scoff nonetheless the country's domestic and foreign policy will change going to be a much more religious conservative place and much more hostile to the west well some experts are convinced shari'a law will be forced in egypt others believe in the rise of moderate islamic parties whatever the parties that have long been
marginalized will now have to be dealt with so far egyptians have demonstrated exceptional determination to build in egypt and elbowing their way towards them are just society but once you're on the revolution isn't saying it's may take another year of uprising to really own that change and whatever egypt does will be closely watched and even exemplified in the region even though the consequences are yet unknown in this at the trauma. cross talk our team. ok bradley if i can go to you first i mean one year on what has changed in egypt because you could make the claim that it's the mubarak regime without mubarak that's really the the biggest difference between now and a year ago would you agree with that. well it remains to be seen i think they had a raucous start to their parliament. you know it was reminiscent really of the
birth of america took us to levon years to get our act together after our revolution so it's going to have to take some time to shake out the muslim brotherhood is in charge we still have presidential elections to be had and the military needs to step down and the west should really come to the aid of the egyptians now when they need it the most especially on the economic front and give them that kind of a that will help their people get on their feet that's what they need now and let's give it some time to shake out but a lot of changes have already taken place a lot more have to do and i'm cautiously optimistic that the egyptian people will find their way ok david if i can go to you i mean in light of what just bradley had to say it seems to me and i'm going to be a senator that's my job here is that the u.s. the west and they feel very comfortable working with the egyptian military they have been partners for decades right now and they're still having the same kind of relationship minus mubarak so the status quo is is quite convenient for the west
right now and the military doesn't really want to go i mean they're putting up roadblocks at one after another we'll see you have we have a presidential election and people say that they the candidate will be chosen by the military they'll get their man it will be business as usual what do you think about that. you know i think there's the there's something to that but i also think we need to take the long view here and think about what egypt looked like a year ago today before the revolution. a regime that in power for thirty years that employed something along the lines of two million internal security members and that was swept away by a by a popular uprising and i do think that an enormous political changes in egypt i think i don't think it's fair to say that the status quo remains because a year ago you wouldn't have had free elections you wouldn't you would never have had a parliament led by the muslim brotherhood the freedom and justice party being seated
absolutely and. and going to the parliament and having this iraq as debate on the first and it was iraq yes but i mean democracy is a ruckus so if you look at any particular day in the house of commons in the u.k. you see a kind of similar ferment so i don't think that we should be that we should be frightened by what's happening in our lives and i don't think we should be frightened i think and know it it's not being frightened i mean it is it's going to have an effect ok because if i go back to bradley i mean if we have this very strong president and again this is we'll see what's written in the constitution the writing and the constitution for the presidential election if it's going to be a very strong presidency then it's still going to be the same more or less what we have right now and i'd like to point out what another huge change since a year ago is the economic situation is very poor so again i mean the military is not going to want to leave we all know that they have a huge vested interest in the economy are they going to divest themselves from the economy that seems very unlikely. well it's
a good idea but not on the ground we also have to say i don't want to live well it's up to the newly elected president bradley to get their economic house in order and we can help in that regard they need about three billion dollars of capital immediately but we should do it like a millennium fun and not just give it out right we need to watch it we need to treat it as trust money to make sure that it's being spent properly and gets to the people it's intended use we've we've been down this road before with pumping up governments that we thought would be friendly giving the money outright and the money was used against us so i think we do have to join partners with the second with the european union with our friends in the middle east and we have to use our best efforts now to help the people of egypt and let the government make the changes they need to make and also put pressure on the military to stand down and hopefully the presidential elections will be one that will be free and fair but they were off to a good start i think i don't think we should be too pessimistic with a raucous parliament start i think that that in a way in a way was
a good thing i mean you don't expect things after thirty years of dictatorship to be. lockstep you need you need that give and take of government we see it in our government all over the world in free societies it's a good thing ok if i go back to david what about the muslim brotherhood is that you know there are a very powerful force now at least politically in egypt and and if there's a free and fair election in the military doesn't get in the way too much we may have a candidate there from the same organization and now if we look very carefully at what they have to say they're not particularly friendly towards the west or not particularly friendly to the united states because they back to dictatorship for thirty years i mean what kind of relationship would a muslim brotherhood egypt and the west have particularly the united states well i mean it was first of all i don't think it's quite fair to say that the brotherhood back to the dictatorship for thirty years i mean no no i said no it's a western t.v. and i don't know that it's a lot of by. sometimes you know the united states supported the dictatorship not
the muslim brotherhood they were actually sure sure by the way i'm sure that the us administration is not i'm sure the us administration is not is not happy by the share of the seats one by the brotherhood party and by the newer party which is the vehicle the salafist. but i think that we've known i mean if we had a clear look at what was going to happen from the first day of the arab spring we knew that the brotherhood was going to be the group that inherited power and post mubarak egypt and they haven't given any indication so far the they're going to pursue. for a tarion party is in fact they're playing the sort of more moderate foil to the to the nor party and i think it would really benefit the united states to work closely with with the freedom and justice party and its leadership to try to hammer out some kind of a loose consensus of. foreign policy goals and things like that it will be a more contentious relationship there's no question because there's nothing easier then than working with an authoritarian regime that you support to the tune of i
mean windows and i don't think there's any and that's changed but there's no indication that they're going to be authoritarian why is there assumption that they're going to be authoritarian i mean they will played a very positive role during the revolution they played a very moderate role since then but everyone every gets the jitters in the west you know when they hear this organization could be calling the shots real soon and we're looking at foreign policy as you pointed out and of course israel is brought up. well i mean we have a we have a thirty year discourse that was actually you know propagated by the mubarak regime that it was effectively you know it's us or it's the crazies leninists you know and so that's been the discourse in the u.s. and because the brotherhood is a bit less accommodating on foreign policy issues like israel there is there's a great fear i think in policy circles in the west the brotherhood is going to sweep into power overturn the peace treaty and pursue a much more aggressive foreign policy but i do think that as long as the military
is kind of lurking in the background which which they've given every indication that they're going to continue to do that they want to maintain a set of privileges extra-constitutional privileges that they're not going to give up at least not this cycle i do think those fears are a bit overblown. in terms of what might actually happen once the brotherhood takes power assuming that they even win the presidency right which is not which is not a foregone conclusion but what do you think about that you are more afraid of the egyptian military or the muslim brotherhood. i'm wary of both the military doesn't have a very good track record go ahead the military does have a really good track record with the people as you pointed out the massive security apparatus of the last thirty years the intelligence services the police the military what the real wild card here is how will the gyptian parliament the new president the military be dealing with israel it's not so much how they're going to
be dealing with the united states or the trade agreement greenman so the peace agreements going to be honored that's that's really a more concern to me because i believe the main job easier we're going to want to show it we're going to short break and work and after that short break we'll continue our discussion on egypt's state party.
which brightened. from phones to christian. stance on t.v. don't come. cheap. welcome back across town peter lavelle to mind you were talking about the revolution in egypt one year on. you can. still. you know it's it's very interesting john i know in reading some of the media coverage of the revolution when you're on the up and not really
american but more like british and european is it to instead of this kind of dichotomy we have the muslim brotherhood in the military it looks more and more like they were in cahoots with each other ok and particularly when writing this constitution now do you think that the the the democratic element of this revolution is being swept away by these two major forces because they're going to make a deal and it's not necessarily a deal it's going to be very public because the military doesn't want to be very open about it because we all know about their privileges so if i go to you on that david i mean so maybe it's just the cut you know it's not the extremes it's two different groups together that are very different they're going to make a deal with each other and it doesn't necessarily mean it has to be democratic. well i think that i think that there are actually great tensions between the brotherhood in the military on a number of issues including how much power the parliament will actually have so that i think to say that they're in cahoots with another but it might be a little bit premature because i think that there are going to be very significant issues you know after the parliament is seated and starts to try to pass legislation. the may drive
a wedge between the military and the brotherhood the second thing is i think if you take the long view on this a lot of revolutions a lot of democratic transitions take several cycles to kind of shake out the authoritarian elements so i don't think that we should be surprised or even that alarmed if the military does remain retain some of its privileges because what we've seen again and again over the past year is that social forces will take to the streets to press the military on some of these issues if you if you think back to when the military said it was going to turn over power to a president until two thousand and thirteen people took to the streets and then very suddenly the military regime said ok ok we'll have elections in june of two thousand and thirteen so i think even if there is this sort of tacit alliance between the brotherhood in the regime which i'm not sure we can really say i also think there's still a lot of space in egyptian society for people to go back to rio and some of the other squares across egypt and press the regime if necessary.